China, U.S. reach some deals in trade row but differences still relatively big: Xinhua
BEIJING (Reuters) – Top officials from China and the United States reached a consensus on some aspects of the countries’ trade row, but disagreements over other issues remain “relatively big”, according to China’s Xinhua news agency on Friday.
China asks U.S. to amend ZTE business ban – sources
BEIJING (Reuters) – China has asked the United States to amend a seven-year ban on American companies selling components and software to Chinese telecom equipment firm ZTE Corp, two sources with knowledge of the matter said on Friday.
As Trump’s tariffs bite, small U.S. manufacturers begin to tap the brakes
CHICAGO (Reuters) – Encouraged by a booming demand for construction equipment, Mike Haberman was planning in early February to hire at least 30 more workers for the manufacturing facility of his Gradall Industries in Ohio.
World stocks set for biggest weekly loss in a month, dollar climbs before U.S. payrolls
LONDON (Reuters) – World stocks were set for their biggest weekly loss since the middle of March on Friday, while the dollar hovered near highs hit on its recent rally as investors awaited jobs data from the United States.
China raises ZTE sanctions with visiting U.S. trade delegation
BEIJING (Reuters) – China raised with a visiting U.S. trade delegation the issue of a ban by the United States on its companies selling components and software to ZTE Corp for seven years, the Ministry of Commerce said on Friday.
India’s Flipkart approves $15 billion stake sale to Walmart-led group: Bloomberg
MUMBAI (Reuters) – Indian e-commerce firm Flipkart’s board has approved a deal to sell an equity stake of about 75 percent in the company to a group led by Walmart Inc for about $15 billion, Bloomberg reported on Friday, citing unnamed sources.
U.S. asks China to reduce trade imbalance immediately: WSJ reporter on Twitter
BEIJING (Reuters) – A U.S. trade delegation wants China to cut a bilateral trade imbalance immediately and to stop subsidizing advanced technology, a Wall Street Journal reporter wrote on Twitter on Friday, citing a document issued to the Chinese befor…
Tinker, tailor, robot maker: In China, trade war threat casts long shadow
SHENZHEN/SHANGHAI, China (Reuters) – At its high-tech laboratories in the Chinese manufacturing hub of Shenzhen, Beike Biotechnology is developing medical robots that could help treat cancer. It has big plans to export these to markets like the United …
Vivendi, Elliott set to clash in Telecom Italia board seat battle
ROZZANO, Italy (Reuters) – Telecom Italia’s (TIM) top two investors will face off for the first time on Friday as they put their battle over board seats at the Italian phone group to a shareholder vote.
BNP Paribas first-quarter profit falls on back of trading weakness in Europe
PARIS (Reuters) – BNP Paribas , France’s biggest bank, reported a 17 percent decline in quarterly net profit, in line with expectations, as a weaker dollar and sluggish fixed income trading impacted investment banking revenues.
